Poverty Headcount reduction (%) - Contributory Pensions - 1st quintil in Mongolia

Mongolia: Poverty Headcount reduction (%) - Contributory Pensions - 1st quintil was 43.5% in 2020. ▲ Rising

Latest (2020)
43.5%
Change on year
up 13.5%
World rank
10th
of 32 countries
All-time high
43.5%
in 2020
All-time low
29.7%
in 2011
Years of data
9
2007–2020

Poverty Headcount reduction (%) - Contributory Pensions - 1st quintil in Mongolia, 2007–2020

0102030402007201320202007: 31.32009: 30.22010: 30.32011: 29.72012: 30.52014: 36.22016: 41.92018: 38.32020: 43.5

Source: ASPIRE.

Analysis

The most recent figure for poverty headcount reduction (%) - contributory pensions - 1st quintil in Mongolia is 43.5%, measured in 2020. That is the highest value across all 9 years on record.

Compared with earlier readings it is up 13.5% on the previous year and up 43.4% over ten years.

Over the whole period, poverty headcount reduction (%) - contributory pensions - 1st quintil in Mongolia peaked at 43.5% in 2020 and was at its lowest, 29.7%, in 2011.

That places Mongolia 10th out of 32 countries with data for 2020, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 30.7% 30.2% 31.3% 2
2010s 34.5% 29.7% 41.9% 6
2020s 43.5% 43.5% 43.5% 1

Countries ranked near Mongolia

  1. 7 Armenia 52.9% compare
  2. 8 Kazakhstan 48.1% compare
  3. 9 Kyrgyzstan 47.5% compare
  4. 11 Turkey 40.9% compare
  5. 12 Uruguay 40.4% compare
  6. 13 Argentina 29.4% compare

See the full ranking of 33 places →

More reference data data for Mongolia

All data for Mongolia →

Frequently asked questions

What is poverty headcount reduction (%) - contributory pensions - 1st quintil in Mongolia?
Poverty headcount reduction (%) - contributory pensions - 1st quintil in Mongolia was 43.5% in 2020, according to ASPIRE.
What is the highest poverty headcount reduction (%) - contributory pensions - 1st quintil recorded in Mongolia?
The highest recorded value was 43.5% in 2020.
What is the lowest poverty headcount reduction (%) - contributory pensions - 1st quintil recorded in Mongolia?
The lowest recorded value was 29.7% in 2011.
How does Mongolia rank for poverty headcount reduction (%) - contributory pensions - 1st quintil?
Mongolia ranks 10th out of 32 countries with data for 2020.
Is poverty headcount reduction (%) - contributory pensions - 1st quintil rising or falling in Mongolia?
Over the last ten years it is up 43.4%. The long-run trend across the full record is rising.
Where does this Mongolia data come from?
The figures come from ASPIRE, published as part of Poverty Headcount reduction (%) - Contributory Pensions - 1st quintile (poorest) -urban. Statizoid updates them automatically from the source API.

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About this data

Indicator
Poverty Headcount reduction (%) - Contributory Pensions - 1st quintile (poorest) -urban
Source
ASPIRE
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
33 places, 342 data points, 2002–2023
Last refreshed

Poverty headcount reduction due to Contributory Pensions programs as % of pre-transfer poverty headcount